Lennox (LII) Tops Q1 EPS by 39c; offers guidance

Lennox (NYSE: LII) reported Q1 EPS of $2.83, $0.39 better than the analyst estimate of $2.44. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.03 billion.

GUIDANCE:

Lennox sees FY2023 EPS of $14.25-$15.25, versus the consensus of $14.86.

FULL-YEAR 2023 GUIDANCE

For the full year of 2023, we still expect; core revenue to be flat to up 4% and earnings per share of $14.25 to $15.25.

"Given the strong start to the year and the current end-market conditions, we remain confident in our full year outlook. Our capital deployment priorities remain unchanged, and we will support organic growth investments as well as smaller, bolt-on acquisitions while maintaining a healthy balance sheet,\" Maskara continued. \"We believe that our best days are ahead of us.\"

For earnings history and earnings-related data on Lennox (LII) click here.

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